Palm Ridge Court Sentences Amanda Gloria Edgar To 10 Years For R4.5 Million Fraud

The Palm Ridge Specialised Commercial Crimes Court has sentenced 44-year-old Amanda Gloria Edgar to 10 years behind bars for fraud and money laundering. The conviction was handed down on Wednesday, 10 September 2025.

Between October 2015 and September 2016, the complainant attempted to buy a property in Croatia valued at €850 000. As part of the agreement, €300 000 was to be paid upfront, with the balance due within two years.

The complainant later received a contract via email that included the agreed terms and an FNB bank account number for the payment. Over R4.5 million was transferred into the account the same day.

Financial Intelligence Centre Flags Suspicious Payment

Shortly after the transaction, the Financial Intelligence Centre (FIC) alerted the complainant of a possible fraudulent transaction. Despite the warning, the complainant confirmed the payment, believing it was legitimate.

The matter was reported to the Hawks’ Serious Commercial Crime Investigation, who uncovered that the funds had been deposited into a bank account belonging to Peak Global, a company owned by Edgar. Investigators further found that Edgar had quickly moved the money into several personal and business accounts.

YOU MAY ALSO LIKE: Court Dismisses Bester And Magudumana’s Bid To Block Netflix’s ‘Beauty And The Bester’

On 23 October 2023, Edgar was arrested at Delft Police Station and later released on bail. After a lengthy trial, the Palm Ridge Specialised Commercial Crimes Court convicted her on 10 September 2025. She was sentenced to 10 years’ imprisonment, with five years suspended.

---

For More, Follow SurgeZirc SA On Facebook, X,  Instagram and Bluesky